RU55EL wrote:I think you have it backward. Bitcoin was developed privately in order to circumvent government and bank control of money. That is why China, India, South Korea, etc., suppress it. Bitcoin eliminates banks and Governments as a middlemen.

Exactly. I said pretty much the same thing here but it seems nobody got it.

Wheelerof4te wrote:Gee', I should be buying my own mining farm to make money out of thin air. Why not, who needs archaic things like actual work and pay? Let's hop on to the cryptocurrency choo-choo train! /s

Enjoy your pipe dream without me.

Bitcoin mining computers are not cheap, and don't produce very much Bitcoin. The bitcoins awarded are for providing computing power to process and store the blockchain. You are not going to get rich mining Bitcoins. If you think you are, you have been smoking something funny in your pipe.

If you want to send money, or buy something without using a banking institution, you can use cash or Bitcoins. Bitcoins are easier over vast distances.

That being said, I don't use Bitcoins because I don't completely understand how they work. When it comes to money, you can't have high potential gain without high potential risk, and you shouldn't invest in something that you don't understand.

Actually this topic was solved some time ago, the question "Why try to push bitcoin so hard", was answered, pretty simple:Some people can make a lot of real money and gain power off it. Part of making it profitable involves "pushing" and promoting it every where. As for the rest, it has now turned into a political , troll thread. So I am asking that a mod or admin please just close the topic. Thank you.

GarryRicketson wrote:Commie is derogatory slang for communist. You shouldn't call someone a commie unless you want to start a fight.

Maybe you should go check vocabulary and see if calling someone troll is offensive aswell.Double standards huh?

GarryRicketson wrote:Actually this topic was solved some time ago, the question "Why try to push bitcoin so hard", was answered, pretty simple:Some people can make a lot of real money and gain power off it. Part of making it profitable involves "pushing" and promoting it every where.

The topic isn't solved, the OP still has no idea how Bitcoin works.

Thorny wrote:I, for one, would not feel offended if you choose to leave.